In Order for an Offer to End by Lapse of Time,the

question 62

True/False

In order for an offer to end by lapse of time,the offeror must specify the time within which the offer is to be accepted.

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Definitions:

Chunking

A cognitive strategy for making more efficient use of short-term memory by grouping related items together into a single unit or "chunk."

Short-Term Memories

The phase of memory where small amounts of information can be kept active for a brief period.

Decay Hypothesis

The theory that information is gradually forgotten over time due to the simple passage of time, assuming no attempt to retain it.

Rehearsal

The cognitive process of repeatedly practicing or reviewing information to aid in its retention in memory.